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Q1: 2026-04-29 Earnings Summary

EPS of $0.29 beats by $0.06

 | Revenue of $48.41M (46.27% Y/Y) misses by $1.17M

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Bayer issued a recall for nearly 800,000 units of Afrin nasal spray bottles after the packaging was found to be not child resistant on Thursday.

The U.S. Consumer Product Safety Commission (CPSC) announced the recall Thursday, saying any customers who purchased the product are entitled to a refund. The recall impacts 786,100 units of the 6ml travel-size Afrin nasal spray.

“This recall involves unexpired Travel Size Afrin® Original Nasal Spray 6 mL bottles, with Lot numbers 230361, 240822, 241198, 250066, 250152, 250646, and 250831. These travel size bottles have ‘Afrin® Original Nasal Spray’ and ‘1/5 FL OZ (6 mL)’ printed on a label located on the front of the bottle,” the CPSC recall reads.

“The 6 mL nasal spray’s packaging is not child-resistant nor bears the required labeling statement, posing a risk of serious injury or illness from poisoning if the contents are swallowed by young children,” the statement added.

BEEF STICKS FOOD PRODUCT RECALLED FOR ‘PIECES OF METAL’ FOUND INSIDE

The CSPC issued a recall for Afrin nasal spray. (CSPC)

No injuries have been reported in connection with the recall.

The news comes just a day after nearly 13,000 toddler towers across three brands were recalled after dozens of incidents and 21 injuries were reported due to stools collapsing or tipping, according to the CPSC.

The three affected products — Toetol Tower Stools, Wiifo Children’s Tower Stools and Amzcmj DGD Children’s Tower Stools — total about 12,830 stools, according to notices from the Consumer Product Safety Commission.

CHOCOLATE-COVERED SNACK PRODUCT SOLD IN 16 STATES RECALLED FOR POTENTIALLY UNDECLARED ALMONDS AND CASHEWS

Toetol Tower Stools, Wiifo Children’s Tower Stools and Amzcmj DGD Children’s Tower Stools (Consumer Product Safety Commission)

The recall covers about 3,000 Toetol Tower Stools, 9,700 Wiifo Children’s Tower Stools and 130 Amzcmj DGD Children’s Tower Stools.

“The recalled tower stools can collapse or tip over while in use and a child’s torso can fit through the openings on the tower’s sides, posing a risk of serious injury and death due to tip over, fall and entrapment hazards,” the notices read.

For the Toetol Tower Stools, there have been 18 reports of the stools collapsing, resulting in 11 injuries, including contusions, cuts and scrapes.

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The wooden kitchen tower step stools were sold in white, gray and dark wood colors and measure about 20 inches deep, 15 inches wide and 36 inches tall with model DETD0001 printed on a label on the side. They were sold online on Amazon from October 2024 through March 2026 for about $130.

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Hertz is expanding beyond its traditional car rental business through a new partnership with Uber aimed at powering both autonomous robotaxi fleets and driver-led rideshare operations, signaling a broader shift in the transportation industry.

Under the agreement, Hertz’s newly launched unit, Oro Mobility, will manage vehicle operations for Uber, including maintenance, charging, cleaning and logistics for autonomous vehicles. 

The robotaxi service, which will use Lucid vehicles equipped with Nuro self-driving technology, is expected to launch in the San Francisco Bay Area later this year, with potential “expansion opportunities” in 2027.

Hertz will also supply and operate fleets of vehicles driven by its own employees on Uber’s platform, building on a pilot program that has already expanded into Los Angeles and San Francisco with additional markets planned.

UBER, RIVIAN INK $1.25B DEAL TO PUT THOUSANDS OF ROBOTAXIS ON US STREETS

A Lucid Gravity autonomous taxi at the first National AV Safety Forum held by the National Highway Traffic Safety Administration at the Department of Transportation headquarters in Washington, D.C., March 10, 2026. (Alex Kent/Bloomberg via Getty Images)

The partnership highlights a shift in the ridesharing model away from individual car ownership toward centrally managed fleets. Hertz is positioning itself as a transportation infrastructure provider, leveraging its expertise in large-scale vehicle logistics and maintenance.

Uber, meanwhile, is continuing to emphasize a platform-driven model, relying on partners like Hertz to manage fleet operations as it scales both human-driven and autonomous rides.

For Hertz, the deal represents a high-stakes bet on a new growth strategy after years of turbulence, while, for Uber, it marks another step toward a hybrid network that could eventually integrate human drivers with self-driving vehicles at scale.

Uber is continuing to emphasize a platform-driven model. (Smith Collection/Gado/Getty Images)

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“Partnering with Hertz’s Oro Mobility will help us continue to bring the best autonomous technology onto the Uber platform and accelerate the transition to a hybrid network in which both driver-led and autonomous rideshare operations can scale and serve communities reliably and efficiently,” Uber’s Andrew Macdonald said in a statement. 

“By combining Uber’s global platform and marketplace leadership with Oro’s dedicated fleet management expertise, we are well-equipped to meet increasing rideshare demand and deliver a seamless, high-quality rider experience across the entire mobility ecosystem.”